Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Prof. Samuel Lartey In the annals of human progress, each epoch witnesses the emergence of tools and technologies that redefine societal structures, from transportation and agriculture to administration and education. Today, Artificial Intelligence (AI) stands at the forefront of this evolutionary march, particularly in the domains of education, research, and development. While some view […] The post
The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, says the government does not regard the safety and well-being of citizens, hence the several malfunctioning streetlights in Accra. This comes on the back of recent reports of multiple non-functioning streetlights dotted across major streets of the capital. Parts of the La Beach Road […] The post Kofi
By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected because she works for ENI […] The post A 24-hour economy policy – celebration of mediocrity?
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
Opportunity International Savings and Loans Limited (OISL) has launched its 20th anniversary celebration on the theme ‘20 Years of Transforming Lives’, in Kumasi. Licensed by the Bank of Ghana in June 2004, OISL operates in 10 out of the 16 regions in Ghana, providing innovative financial products and services to bring clients at the base […] The post OISL
The Jospong Group of Companies (JCG) has entered into agreement with the Lagos State Government through the Ministry of Environment and Water Resources to build waste treatment plants in Lagos. The integrated waste treatment facility will help to transform the environmental situation of Africa’s most populous city. The landmark agreement was formalized with the signing […] The post
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This Read More... The post 1.96m Ghanaians Face Food, Nutrition Insecurity
By J. N. Halm One of the most interesting aspects of living in a world that is virtually being run by technology is the new terms that pop up now and then. With each idea, concept, or practice comes a new name. With each new gadget comes a different terminology, a term that becomes a […] The post Showrooming vs. Webrooming: New trends in customer engagement
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
In a press release from the State House, Abuja, President Bola Ahmed Tinubu is calling for the suspension of economic sanctions imposed on the countries of Niger, Mali, Burkina Read More... The post President
Bold to Defend, a non-governmental organization, has reached out to school children in Mepe in the Volta Region, presenting teaching and learning materials. The gesture was part of efforts to support victims of the Akosombo Dam spillage in 2023. The spillage resulted in the loss of properties and the displacement of many. Figures from the […] The post ‘Bold to Defend’
The Health Minister-designate, Bernard Okoe Boye, has donated an ambulance to the Teshie Community Clinic. Bernard Okoe Boye, who is seeking to return as Member of Parliament for the Ledzokuku constituency, said the ambulance would reduce the difficulties the clinic faces in transporting patients to referral hospitals. The event was witnessed by the MCE for […] The post Okoe
Standard Chartered Bank Ghana PLC has held a STEM (Science, Technology, Engineering and Mathematics) hackathon in commemoration of International Day of Women and Girls in Science. The hackathon held at Accra High School was under the global theme for this year’s celebration “Women and Girls in Science Leadership, a New Era for Sustainability”, and designed […] The post Standard
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
I was going through some old files in my closet the other day when I saw some documents and receipts that absolutely cracked me up. Among the browning, time-worn papers was the receipt from a private primary school for the payment of my first daughter’s fees. It was a middle-class school that charged N5,000 naira […] The post Feature: Cost of living crisis: A personal story appeared first on
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the President Bola Tinubu administration is auditing the 22.7 trillion naira Ways and Means loans approved by the government of ex-President Muhammadu Buhari. The finance minister, who stated this on Tuesday at the Public Wealth Management Conference in Abuja, the nation’s capital, […] The post Govt
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
His Majesty Yagbonwura Bii-Kunuto Jewu Soale I with Stephen Asamoah Boateng in Damongo The Overlord of the Gonja Kingdom, His Majesty Yagbonwura Bii-Kunuto Jews Soale I, has commended the Read More... The post Yagbonwura Commends Asabee Over Chieftaincy
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